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Cybersecurity as a Business Enabler: Lessons from Target

National Retail Federation
23 Jun 2022
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Cybersecurity as a Business Enabler: Lessons from Target

  1. Cybersecurity as a Business Enabler: Lessons from Target Jodie Kautt Vice President, Cybersecurity, Target
  2. Cybersecurity team Hire experts from all industries, invest in continuous learning Team Partner across industries to share intel and best- practices Collaboration Foster a company culture of shared accountability for security Culture
  3. Fraudulent returns in the U.S. amounted to $23.2 billion in 2021, just over 10% of total returns of online goods Source: National Retail Federation Returns abuse
  4. Bot traffic made up 42.3% of all internet activity in 2021 Source: 2022 Imperva Bad Bot Report Bots
  5. $148 million reported in gift card extortion in the first nine months of 2021, more than all of 2020 Source: 2021 FTC Report Gift card extortion
  6. Key takeaways Partner alignment Intel & data driven Proactive capabilities
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